Shelton, CT, August 2007 – Base-Line Inc., the leading manufacturer and distributor of press and prepress supplies, announced today the acquisition of Pennan Distribution, the leading producer of offset metal plates, and a diverse array of products for the graphics arts industry including ink jet media, chemicals, Digital and Conventional offset plates, films and prepress plastics.
The asset acquisition further expands Base-Line’s product offering and will enable the company’s dealers to access a wide range of high quality offset metal plates including the “LEGEND” offset plate for analog, Thermal and Violet CtP. The acquisition will also enable Base-Line’s dealers to receive lower distribution rates and streamline their operating costs by purchasing all of their press and prepress supplies from a single source.
“Pennan’s dedication to high quality products and commitment to customer service aligns with Base-Line’s business philosophy and approach,” said Howard Harper, president and chief executive officer, Base-Line. “Adding offset plates to our product offering reaffirms our commitment to providing Base-Line’s dealers in North America and abroad with high quality products on a “one stop shop” basis at the most competitive prices.”
Brian St. Pierre, President of Pennan added, “This is a great opportunity to grow our mutual businesses and continue to serve dealers in the graphics arts network with products they trust and rely on. With Base-Line’s solid industry reputation, track-record of growth and expansion, as well as their commitment to customer service, I’m confident this is the right move for Pennan and the people we serve.”
WhatTheyThink is the global printing industry's leading independent media organization with both print and digital offerings, including WhatTheyThink.com, PrintingNews.com and WhatTheyThink magazine versioned with a Printing News and Wide-Format & Signage edition. Our mission is to provide cogent news and analysis about trends, technologies, operations, and events in all the markets that comprise today’s printing and sign industries including commercial, in-plant, mailing, finishing, sign, display, textile, industrial, finishing, labels, packaging, marketing technology, software and workflow.